indie Semiconductor (INDI) CFO details RSU award and stock sales

Rhea-AI Filing Summary

indie Semiconductor, Inc. reported insider equity transactions by its Chief Financial Officer, Naixi Wu. On 12/19/2025, Wu acquired 6,354 Restricted Stock Units (RSUs), each representing one share of Class A common stock, as part of a voluntary equity compensation program where fully vested RSUs were received in lieu of a percentage of cash salary. Those RSUs were then settled into shares of Class A common stock at a conversion price of $ 0, increasing Wu’s directly held Class A common stock.

On 12/22/2025, Wu sold 3,171 shares of Class A common stock at $ 3.856 per share to cover withholding taxes related to the RSU vesting, and a further 3,183 shares at $ 3.856 per share under a pre-selected sell-all election within the same equity compensation program. After these transactions, Wu directly owned 67,542 shares of Class A common stock and indirectly held 90 shares through a spouse.

Insider Trade Summary

Net Seller: 6,354 shares ($24,501)

Net Sell 6 txns

Insider Wu Naixi

Role Chief Financial Officer

Sold 6,354 shs ($25K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	3,171	$3.856	$12K
Sale	Class A Common Stock	3,183	$3.856	$12K
Grant/Award	Restricted Stock Units	6,354	$0.00	--
Exercise	Restricted Stock Units	6,354	$0.00	--
Exercise	Class A Common Stock	6,354	$0.00	--
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 70,725 shares (Direct); Restricted Stock Units — 6,354 shares (Direct); Class A Common Stock — 90 shares (Indirect, by spouse)

Footnotes (1)

1. Represent shares of Class A common stock sold in the open market to pay for withholding taxes in connection with the vesting of Restricted Stock Units ("RSUs"). Represents shares of Class A common stock sold in the open market in accordance with a sell-all election made at the start of a program period of a voluntary equity compensation program as approved by the Board of Directors in June 2023. This election was made during an open trading window while Ms. Wu was not in possession of material non-public information. Each RSU represents a contingent right to receive one share of Class A common stock. Represents RSUs that were fully vested as of the grant date. These RSUs represent shares received in lieu of a percentage of cash salary as part of a voluntary equity compensation program as approved by the Board of Directors in June 2023.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Wu Naixi

(Last) (First) (Middle)

32 JOURNEY

(Street)

ALISO VIEJO CA 92656

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
indie Semiconductor, Inc. [ INDI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/19/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	12/19/2025		M		6,354	A	$0	73,896	D
Class A Common Stock	12/22/2025		S(1)		3,171	D	$3.856	70,725	D
Class A Common Stock	12/22/2025		S(2)		3,183	D	$3.856	67,542	D
Class A Common Stock								90	I	by spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(3)	12/19/2025		A		6,354		(4)	(4)	Class A Common Stock	6,354	$0	6,354	D
Restricted Stock Units	(3)	12/19/2025		M			6,354	(4)	(4)	Class A Common Stock	6,354	$0	0	D

Explanation of Responses:

1. Represent shares of Class A common stock sold in the open market to pay for withholding taxes in connection with the vesting of Restricted Stock Units ("RSUs").

2. Represents shares of Class A common stock sold in the open market in accordance with a sell-all election made at the start of a program period of a voluntary equity compensation program as approved by the Board of Directors in June 2023. This election was made during an open trading window while Ms. Wu was not in possession of material non-public information.

3. Each RSU represents a contingent right to receive one share of Class A common stock.

4. Represents RSUs that were fully vested as of the grant date. These RSUs represent shares received in lieu of a percentage of cash salary as part of a voluntary equity compensation program as approved by the Board of Directors in June 2023.

	/s/ Naixi Wu by Chang Eui Kim pursuant to power of attorney filed on October 30, 2025	12/23/2025
	** Signature of Reporting Person	Date
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